Tibco shares tumble after quarterly report (4:31 PM ET) Shares of Tibco Software
TIBX
are trading down to $5.18 vs. a regular-session close of $5.96 after the company posted a second-quarter loss of $600,000, or break-even on a per-share basis. Revenue totaled $61.5 million, slightly less than the consensus estimate of $62.3 million.

Solectron Q3 loss $3.74, revenue $2.8 bln (4:14 PM ET) SAN FRANCISCO (CBS.MW) -- Solectron
SLR, +0.00%
reported a third-quarter loss of $3.1 billion on sales of $2.8 billion. The contract manufacturer is now out of compliance with an untapped credit facility, which it is in discussions with its bankers to amend.

Cognos shows Q1 profit of $12.4 million (4:04 PM ET) Business-software maker Cognos
COGN
on Thursday posted a 2004 fiscal first-quarter net profit of $12.4 million, or 14 cents a share to meet analysts' consensus estimates. Revenue came in at $150.6 million. During the same period a year ago, the company earned $9.9 million, or 11 cents a share, on sales of $120 million.

KB Home edges higher ahead of Q2 results (2:26 PM ET) NEW YORK (CBS.MW) -- KB Home
KBH, +2.53%
is up more than 1 perecnt to $70.02 in recent action. The Los Angeles homebuilder is scheduled to report second-quarter results after the closing bell. Ten analysts polled by Thomson First Call are looking for earnings of $1.64 per share in the period, on average.

Advanced Power rallies on strong Q2 outlook (1:21 PM ET) Advanced Power Technology
APTI, -0.03%
is up more than 19 percent to $7.58 after the Bend. Ore., chip firm said it expects second-quarter results to come in at the high end of its previously disclosed range for earnings. The company now sees revenue of $12.1 million to $12.5 million for the period, above its prior projection of $11.5 million to $12 million. As a result of the higher revenue and improved gross margins, Advanced Power is forecasting between a loss of 2 cents per share and a profit of a penny per share in the quarter. It had been looking for a loss of 2 to 4 cents per share in the period.

Symbol Tech shares halted (12:07 PM ET) NEW YORK (CBS.MW) -- Shares of Symbol Technologies
SBL, -13.42%
are currently halted for trading on the New York Stock Exchange for news pending. The stock last transacted at $14.63, up 3 cents. Earlier in the session, the shares hit a 52-week high of $14.93. The Associated Press is reporting Robert Korkuc, the former chief accounting officer of the company, has been charged with fraud. The Holtsville, N.Y., maker of bar code scanners wasn't immediately available for comment.

Southern Finan. jumps on earns outlook, dividend rise (11:49 AM ET) NEW YORK (CBS.MW) -- Shares of Southern Financial Bancorp
SFFB
are spiking up 73 cents, or 2.3 percent, to $32.81 after the banker said it expects earnings for the current quarter and for the full year to be stronger than originally expected. The company also said it was boosting its quarterly cash dividend by 2 cents a share to 15 cents. The new dividend will payable Aug. 20 for shareholders of record on Aug. 6. Prior to the bank's announcements, the stock was down as much as 7 cents at an intraday low of $32.01.

A.G. Edwards reports lower first-quarter net income (10:48 AM ET) NEW YORK (CBS.MW) -- Shares of A.G. Edwards
AGE, -1.58%
are off 33 cents to $33.56 after the broker reported first-quarter net income of $28 million, or 35 cents per share, compared to $39 million, or 48 cents per share, in the year-ago period. Revenue rose to $552 million from $514 million. The St. Louis company beat the Wall Street forecast of 30 cents per share net income and revenue of $528 million in a survey of analysts by Thomson First Call.

Connectics gets lift from higher revenue view (10:46 AM ET) NEW YORK (CBS.MW) -- Connectics
CNCT, -54.55%
is up more than 6 percent to $15.63 after the Palo Alto, Calif., pharmaceutical firm forecast revenue of between $70 million and $72 million for 2003, above its prior projection for revenue ranging from $65 million to $68 million in the period. The company said it's seeing benefits from prescription growth of its core Olux and Luxiq products, and that royalties from its licensees were higher than expected.

Yum same-store sales flat, shares rise (10:28 AM ET) CHICAGO (CBS.MW) -- Yum, the parent of Taco Bell, KFC and Pizza Hut, said sales at stores open more than a year were flat last month but higher by 1 percent for the quarter. It credited strong same-store sales from Taco Bell and Pizza Hut, which offset disappointing numbers from KFC. Investors liked the news, pushing Yum
YUM, -0.85%
shares to $29.72, up 91 cents, or more than 3 percent.

Saba Software hits 52-week high ahead of Q4 report (10:10 AM ET) NEW YORK (CBS.MW) -- Saba Software
SABA, +0.00%
is surging more than 10 percent to $5.70 in morning trades. The Redwood Shores, Calif., maker of human capital development software is scheduled to report its fourth-quarter results after the closing bell. Three analysts polled by Thomson First Call are looking for a loss of 20 cents per share in the period, on average. Wall Street's consensus revenue estimate for the quarter is $10.33 million. Earlier in the session, the stock hit a 52-week high of $5.90.

Downgrades weigh on Morgan Stanley (9:44 AM ET) CHICAGO (CBS.MW) -- Shares of Morgan Stanley fell more than 2 percent in early trades, following a pair of overnight analyst downgrades. Morgan shares had been cut to "neutral" at UBS and to "underweight" at J.P. Morgan. The stock
MWD, -0.62%
recently changed hands at $45.81, down $1.08, or 2.3 percent.

Lehman rallies as earns, revenue rise above estimates (8:37 AM ET) NEW YORK (CBS.MW) -- Shares of Lehman Bros.
LEH
are rallying $1.01, or 1.4 percent, to $75 in Instinet pre-open trading after the investment bank reported fiscal second-quarter net income of $437 million, or $1.67 a share, up from $1.08 a share in the same period a year ago, boosted by an improvement in the equity markets and a rise in mergers and acquisitions. Included in the results is a $77 million real estate-related charge. Net revenue increased 38 percent to $2.29 billion. Analysts surveyed by Thomson First Call had been expecting earnings of $1.17 a share and revenue of $1.72 billion, on average.

Pharmaceutical Resources ups Q2 earn view, CEO retires (8:23 AM ET) NEW YORK (CBS.MW) -- Pharmaceutical Resources
PRX, -2.44%
said second quarter earnings would exceed expectations due to strong sales growth across its product portfolio, including megestrol oral suspension, fluoxetine and omeprazole. The company also said chief executive Kenneth Sawyer plans to retire effective July 1. For the quarter ending June, the generic drug developer expects to earn 71 to 73 cents a share, excluding one-time items, versus the average analyst estimate compiled by Thomson First Call of 64 cents. The company added that expenses associated with Sawyer's retirement agreement are expected to be 6 to 8 cents a share. The stock closed Wednesday down 83 cents at $51.20.

AsiaInfo Holdings shares swoon on revenue warning (8:14 AM ET) NEW YORK (CBS.MW) -- AsiaInfo Holdings
ASIA, -1.11%
shares are down 13 percent to $6.40 in pre-market trades on Instinet after the telecom software firm warned it expects second-quarter revenue to be 15 to 20 percent lower than its previous guidance of $14-15 million. The company cited delays in project delivery caused by the SARS outbreak. The company said it's "cautiously optimistic" about improved conditions in the second half of the year.

CBRL Group boosts outlook for Q4 earnings (8:04 AM ET) NEW YORK (CBS.MW) -- CBRL Group
CBRL, +3.02%
is raising its outlook for the fourth quarter to earnings growth in the mid-20 percent range from its year-ago profit of 56 cents per share. The Lebanon, Tenn., restaurant operator said it's encouraged by current sales trends at both its Cracker Barrel and Logan's Roadhouse locations, and that margins have improved of late due to lower cost of sales and lower insurance claims expenses. 13 analysts polled by Thomson First Call are looking for a profit of 67 cents per share in the July period, on average. This figure represents growth of roughly 20 percent from the year-ago total. The stock closed Wednesday at $37.97, up 35 cents.

Gtech Holdings comes in a nickel ahead in Q1 (7:56 AM ET) NEW YORK (CBS.MW) -- Gtech Holdings
GTK, -4.71%
is reporting first-quarter earnings of $41 million, or 68 cents per share, up from its year-ago profit of $29 million, or 49 cents per share, and a nickel ahead of the average estimate of five analysts polled by Thomson First Call. Revenue rose 3.5 percent in the latest three months to $239.6 million from $231.4 million in the same period a year earlier. Looking ahead, the West Greenwich, R.I., information technology firm forecast earnings of $2.55 to $2.65 per share for fiscal 2004, up from its prior outlook for a profit of $2.40 to $2.50 per share. For the second quarter, it sees earnings of 65 to 70 cents per share. The stock closed Wednesday at $38.25, down 20 cents.

Bio-Logic's Q1 earnings dip to $274,000 (7:09 AM ET) NEW YORK (CBS.MW) -- Bio-Logic
BLSC
is reporting first-quarter earnings of $274,000, or 6 cents per share, down from its year-ago profit of $388,000, or 9 cents per share. Thomson First Call doesn't publish a consensus estimate for the company. Sales fell 13 percent in the latest three months to $6.3 million from $7.2 million in the same period a year earlier due to lower sales in the company's neurology business. Shares of the Mundelein, Ill., maker of medical diagnostic systems closed Wednesday at $5.14, up 3.6 percent.

Micron's Q3 sales results prompt upgrade from UBS (6:50 AM ET) NEW YORK (CBS.MW) -- Analyst Thomas Thornhill, III raised his rating on the shares of Micron Technology
MU, -6.62%
to "neutral" from "reduce," after the memory chip maker reported late Wednesday better than expected fiscal third quarter sales due to higher production growth and a further reduction in inventory. Thornhill noted that the sale of previously written off inventory benefited gross margins and earnings "substantially." He also lifted his share price target to $12 from $8. Thornhill believes an improving pricing environment and the relative undersupply of inventory through the end of the year will act as a "buffer" to the stock. The stock closed Wednesday up 3 cents at $13.08.

Regent Inns sees fy in line (2:33 AM ET) LONDON (CBS.MW) -- Regent Inns(UK:REG), ahead of an analyst meeting, said it was "confident" its underlying financial performance for the year endinf July 5 "will be in line with market expectations." It said like-for-like sales for the 49 weeks to June 14 for Walkabout were down 6.9 percent, "which emphasises the distortion that major sporting events have had, and will continue to have, on Walkabout like-for-like sales comparisons."

Intraday Data provided by SIX Financial Information and subject to terms of use. Historical and current end-of-day data provided by SIX Financial Information. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.